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MasterCard And American Express Targets



May 19, 2011 – Comments (0)

MasterCard Incorporated (NYSE:MA) and American Express Company (NYSE:AXP) have been two of the strongest stocks in the market over the last few months. Both stocks are approaching multi year pivot highs. MasterCard is going to hit the $310 level, which is an all time high from 2008. American Express looks to be on target to hit its 2008 pivot high at $53.00. At these levels, both stocks should pull back significantly.

Gareth Soloway

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